Trending Report on HR SaaS Market |Growth , Size, Trend and Forecast To 2028

HR SaaS Market Value and CAGR

The market for cloud-based, subscription-based HR software solutions is referred to as the HR SaaS (Software-as-a-Service) market. These products are made to assist companies in managing several facets of their HR operations, including hiring, on boarding, payroll, benefits administration, performance management, and employee engagement. The HR SaaS industry has expanded quickly in recent years as more businesses choose cloud-based solutions over conventional on-premises software due to their advantages. Scalability, flexibility, usability, and cost-effectiveness are a few of the major benefits of HR SaaS solutions.

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The size of the global HR software market is expected to grow at a CAGR of 10% between 2021 and 2026, from USD 18 billion in 2021 to USD 26.1 billion in 2026.

HR SaaS Market Growth Drivers and Risks

As more companies move their operations to the cloud, they need more HR solutions that work in the cloud. On-premises software cannot match the flexibility, scalability, and accessibility of cloud-based solutions. Employee engagement can be increased with the use of HR SaaS systems' self-service portals, mobile apps, and feedback mechanisms. This can assist companies in luring and keeping top employees.

Risks:
HR data may be vulnerable to data breaches and cyber-attacks because they contain sensitive personal information. Providers of HR SaaS must make sure that their products adhere to industry standards for privacy and data security. It might be hard to connect HR SaaS solutions to HR systems that are already in place and to other business applications. This may lead to inconsistent data and a bad user experience.

HR SaaS Market Key players

Some of the key players:

• ADP
• IBM
• Oracle (Taleo)
• Persis
• Perbit Software
• Jobvite

HR SaaS Market Segmentations

By Type

• Small and Medium Enterprise
• Large Enterprise

By Application

• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• IT and Telecom
• Manufacturing
• Others (Government, Logistics, etc.)

Table of content

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global HR SaaS Market Size Growth Rate by Type: 2017 VS 2021 VS 2028

1.2.2 Small and Medium Enterprise

1.2.3 Large Enterprise

1.3 Market by Application

1.3.1 Global HR SaaS Market Growth Rate by Application: 2017 VS 2021 VS 2028

1.3.2 Banking, Financial Services and Insurance (BFSI)

1.3.3 Healthcare

1.3.4 IT and Telecom

1.3.5 Manufacturing

1.3.6 Others (Government, Logistics, etc.)

1.4 Study Objectives

1.5 Years Considered

2 Market Perspective

2.1 Global HR SaaS Market Size (2017-2028)

2.2 HR SaaS Market Size across Key Geographies Worldwide: 2017 VS 2021 VS 2028

2.3 Global HR SaaS Market Size by Region (2017-2022)

2.4 Global HR SaaS Market Size Forecast by Region (2023-2028)

2.5 Global Top HR SaaS Countries Ranking by Market Size

3 HR SaaS Competitive by Company

3.1 Global HR SaaS Revenue by Players

3.1.1 Global HR SaaS Revenue by Players (2017-2022)

3.1.2 Global HR SaaS Market Share by Players (2017-2022)

3.2 Global HR SaaS Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Company Covered: Ranking by HR SaaS Revenue

3.4 Global HR SaaS Market Concentration Ratio

3.4.1 Global HR SaaS Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by HR SaaS Revenue in 2021

3.5 Global HR SaaS Key Players Head office and Area Served

3.6 Key Players HR SaaS Product Solution and Service

3.7 Date of Enter into HR SaaS Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Global HR SaaS Breakdown Data by Type

4.1 Global HR SaaS Historic Revenue by Type (2017-2022)

4.2 Global HR SaaS Forecasted Revenue by Type (2023-2028)

5 Global HR SaaS Breakdown Data by Application

5.1 Global HR SaaS Historic Market Size by Application (2017-2022)

5.2 Global HR SaaS Forecasted Market Size by Application (2023-2028)

Toc Continue………………………..

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